Ted Baker plc (LON:TED) insider Raymond Stuart Kelvin sold 62,527 shares of Ted Baker plc stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of GBX 2,760 ($36.29), for a total value of £1,725,745.20 ($2,268,926.11).

Shares of Ted Baker plc (LON:TED) opened at 2761.00 on Thursday. The firm’s market capitalization is GBX 1.22 billion. The company’s 50-day moving average price is GBX 2,547.81 and its 200 day moving average price is GBX 2,543.40. Ted Baker plc has a 12-month low of GBX 2,286.00 and a 12-month high of GBX 3,150.00.

TRADEMARK VIOLATION WARNING: This story was posted by American Banking News and is owned by of American Banking News. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.americanbankingnews.com/2017/10/12/ted-baker-plc-ted-insider-sells-1725745-20-in-stock.html.

Several brokerages have recently commented on TED. Peel Hunt reiterated a “hold” rating and set a GBX 2,750 ($36.16) target price on shares of Ted Baker plc in a research note on Tuesday. Liberum Capital reiterated a “buy” rating and set a GBX 3,100 ($40.76) target price on shares of Ted Baker plc in a research note on Tuesday. Jefferies Group LLC lifted their target price on Ted Baker plc from GBX 2,900 ($38.13) to GBX 3,100 ($40.76) and gave the stock a “buy” rating in a research note on Wednesday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,800 ($36.81) target price on shares of Ted Baker plc in a research note on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. Ted Baker plc currently has an average rating of “Buy” and an average target price of GBX 2,994.17 ($39.37).

Ted Baker plc Company Profile

Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.

Receive News & Ratings for Ted Baker plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ted Baker plc and related companies with MarketBeat.com's FREE daily email newsletter.